Fortune Estate Developers Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 30-07-2024
- Paid Up Capital ₹ 2.94 Cr
as on 30-07-2024
- Company Age 16 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 350.00 Cr
as on 30-07-2024
- Revenue 31.24%
(FY 2023)
- Profit -4.08%
(FY 2023)
- Ebitda -387.60%
(FY 2023)
- Net Worth -24.28%
(FY 2023)
- Total Assets 5.08%
(FY 2023)
About Fortune Estate Developers
The Company is engaged in the Real Estate And Construction Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 2.94 Cr.
The company has closed loans amounting to ₹350.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Balaji Ganapa and Sumeet Chawla serve as directors at the Company.
- CIN/LLPIN
U45200TN2008PTC069189
- Company No.
069189
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Sep 2008
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Fortune Estate Developers?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sumeet Chawla  | Director | 19-Nov-2022 | Current |
| Balaji Ganapa | Director | 08-Jul-2016 | Current |
Financial Performance and Corporate Structure Insights of Fortune Estate Developers.
Fortune Estate Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.24% increase. The company also saw a slight decrease in profitability, with a 4.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Fortune Estate Developers?
In 2023, Fortune Estate Developers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Denali Management Services Private LimitedActive 8 years 6 monthsBalaji Ganapa and Sumeet Chawla are mutual person
Divyasree Real Estate Developers Private LimitedActive 20 years 7 monthsBalaji Ganapa and Sumeet Chawla are mutual person
- Coretech Ventures (Bangalore) Private LimitedActive 11 years 7 months
Balaji Ganapa is a mutual person
- Divyasree Soft Tech Realtors Private LimitedActive 20 years 7 months
Balaji Ganapa is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 05 Jun 2018 | ₹90.00 Cr | Satisfied |
Others Creation Date: 05 Jun 2018 | ₹60.00 Cr | Satisfied |
Others Creation Date: 28 Sep 2016 | ₹200.00 Cr | Satisfied |
How Many Employees Work at Fortune Estate Developers?
Unlock and access historical data on people associated with Fortune Estate Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fortune Estate Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fortune Estate Developers's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
